Newsletter
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Issue 13 - 05th April 2019
Welcome note from Sue Robinson
Dear Colleague, This week’s new passenger car registrations showed that the new car market declined by -3.4 in March. Year-to-date, sales are down -2.4% from last year to 701,036 units. Positively, the light commercial vehicle sector saw a record growth of 10.6% in March showing clear signs of stability. Please find a copy of the figures here. The Prime Minister has now written the EU to request a further delay...
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05th April 2019
NEW CAR MARKET DECLINES AS UNCERTAINTY AFFECTS CONSUMERS
In March, new passenger car registrations declined by -3.4% with 458,054 units registered, according to the latest SMMT’s new passenger car figures. Year-to-date the market is marginally down -2.4%...
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05th April 2019
RECORD GROWTH FOR LIGHT COMMERCIAL VEHICLES IN MARCH
Demand in the Light Commercial Vehicle (LCV) market was up 10.6% in March, making it the sector’s best ever monthly performance on record. More than 66,000 new vans and pick-ups were put on UK roads...
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05th April 2019
MILS CASE STUDY: Car sales, Ex-Lease cars
Anyone within the motor industry will be aware of recent decisions by the ASA regarding the advertising of ex-fleet vehicles previously used for business purposes as ‘one owner vehicles’. Recent...
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From 1 April 2019, the Financial Conduct Authority (FCA) has begun regulating the claims management industry. All claims management companies (CMCs) in England, Scotland and Wales will now have to...
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05th April 2019
AUCTIONEERS EXPECT VOLUMES TO INCREASE IN APRIL
Following an increase in new car sales in March, where a high number of part exchanges were generated, auctioneers are expecting to see a surge in vehicle volumes this month. Findings show that most...
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05th April 2019
Car CO2 emissions up: investment in charging infrastructure...
Average CO2 emissions from new cars were up 0.4% in 2017 compared to 2016, according to data published this week by the European Environment Agency (EEA). Erik Jonnaert, Secretary General of the...
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05th April 2019
Weekly Industry News
Hendy Group set to scale AM100 with Westover Group acquisition Hendy Group expects to scale the AM100 with a turnover of over £1 billion following its acquisition south coast-based Westover Group....
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